The ETF is Not Compliant because of its classification in Alternative Equity Leveraged.
WANT – Direxion Daily Consumer Discretionary Bull 3X Shs
🔒
Not Compliant
☆☆☆☆☆ 0/5
- Equity
- Alternative Equity Leveraged
- ETF
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Impure Income
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Zakat per Share*
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Purification
Debt
0.00%
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Non-Compliant Assets
0.00%
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Impure Income
0.00%
-
Debt
0.00%
-
Impure Income
0.00%
-
Debt
0.00%
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Impure Income
0.00%
-
Debt
0.00%
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Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
-
Debt
0.00%
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Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
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ETF Objective
The Fund seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Consumer Discretionary Select Sector Index. The financial instruments in which it normally invests include swap agreements and futures contracts which are intended to produce economically leveraged investment result.
We do our best to screen stocks as accurately as possible. Please let us know in the Community if you spot an error or find something questionable. Jazaak Allahu khairan.
